The contribution limits for 2023 show a 7-11 percent increase for most contributions, reflecting the soaring inflation in our current economy. Here are some key increases to note.

401(k)s are a common choice for company benefit plans for how they allow employers and employees to contribute towards retirement.

As one of RPCSI’s most popular choices of retirement plans, the Safe Harbor 401(k) ensures equal contributions to every company employee regardless of position status.

Are you a small business owner looking to save time and streamline your payroll and administrative processes related to your 401(k) retirement plan?

401(k) employer contribution rules can be complicated, especially if you have not been a plan sponsor for long. Do you have to match your employee’s contributions?

Employee contributions in 2022 now cap at $20,500, with catch-up contributions still at $6,500. Full details on the 2022 plan limits and how they compare to the past two years are available below. If you have any questions about these limits, please let us know how we can help!